
New-Vehicle Financing Hits Record
Consumers are seeking ways to make financing new-vehicle purchases manageable, from extended loan terms to smaller down payments, according to Edmunds.
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Consumers are seeking ways to make financing new-vehicle purchases manageable, from extended loan terms to smaller down payments, according to Edmunds.
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Early figures show about 10% drop, but there was a late-year surge.
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Also simplifies web address in effort to add to its ease of use.
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Loosening inventories balance economic pressures, including rising interest rates.
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As of January 1, consumers can lease electric vehicles and qualify for up to $7,500 in commercial clean vehicle tax credits.
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Dealer profits still high, though fewer units marked above MSRP.
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Industry-leading F&I providers combine.
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Reynolds and Reynolds/Proton Dealership IT offer tools for compliance, security ahead of FTC Safeguards Rule deadline.
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